Mills (NYSE:MLS)
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The Mills Corporation (NYSE:MLS) announced today that it has filed a
Current Report on Form 8-K with the Securities and Exchange Commission
("SEC") providing the following occupancy and tenant sales data:
occupancy data as of December 1, 2004, September 1, 2005, December 1,
2005 and September 1, 2006, and
in-line tenant gross sales per square foot data for the twelve months
ended September 30, 2005 and 2006, in each case for consolidated
properties, unconsolidated properties and total portfolio.
The occupancy and in-line tenant gross sales data are included in the
Form 8-K filing in response to a recommendation from the New York Stock
Exchange (“NYSE”)
that The Mills Corporation disclose certain 2006 operating metrics in
connection with the continued listing of its securities on the NYSE. As
noted in the Current Report on Form 8-K filed today with the SEC, the
occupancy data for all periods shown therein reflect a change in
methodology used by the Company to calculate property occupancy. For the
reasons indicated in Form 8-K filing, readers are cautioned not to place
undue reliance on these operating metrics as indicators of The Mills
Corporation’s financial results for any of the
periods presented.
For more information, please refer to the Current Report on Form 8-K as
filed today with the SEC.
About The Mills Corporation
The Mills Corporation, based in Chevy Chase, MD, is a developer, owner
and manager of a diversified portfolio of retail destinations, including
regional shopping malls and market-dominant retail and entertainment
centers. It currently owns 39 properties in the United States totaling
approximately 48 million square feet. In addition, The Mills has various
projects in development, redevelopment or under construction. The Mills
is traded on the New York Stock Exchange under the ticker: MLS. For more
information, visit the Company's website at www.themills.com.
The Mills Corporation (NYSE:MLS) announced today that it has filed
a Current Report on Form 8-K with the Securities and Exchange
Commission ("SEC") providing the following occupancy and tenant sales
data:
-- occupancy data as of December 1, 2004, September 1, 2005,
December 1, 2005 and September 1, 2006, and
-- in-line tenant gross sales per square foot data for the twelve
months ended September 30, 2005 and 2006, in each case for
consolidated properties, unconsolidated properties and total
portfolio.
The occupancy and in-line tenant gross sales data are included in
the Form 8-K filing in response to a recommendation from the New York
Stock Exchange ("NYSE") that The Mills Corporation disclose certain
2006 operating metrics in connection with the continued listing of its
securities on the NYSE. As noted in the Current Report on Form 8-K
filed today with the SEC, the occupancy data for all periods shown
therein reflect a change in methodology used by the Company to
calculate property occupancy. For the reasons indicated in Form 8-K
filing, readers are cautioned not to place undue reliance on these
operating metrics as indicators of The Mills Corporation's financial
results for any of the periods presented.
For more information, please refer to the Current Report on Form
8-K as filed today with the SEC.
About The Mills Corporation
The Mills Corporation, based in Chevy Chase, MD, is a developer,
owner and manager of a diversified portfolio of retail destinations,
including regional shopping malls and market-dominant retail and
entertainment centers. It currently owns 39 properties in the United
States totaling approximately 48 million square feet. In addition, The
Mills has various projects in development, redevelopment or under
construction. The Mills is traded on the New York Stock Exchange under
the ticker: MLS. For more information, visit the Company's website at
www.themills.com.